If there are no lenders out there lending on mortgages how are borrowers going to get loans? It doesn't matter if you qualify for poor credit home loans or A-paper home loans, if there is no money out there to lend then interest rates will remain high.
That must have been the thought behind the Fed pouring another 200 billion dollars into the lending marketplace. Anyways is 200 billion a lot of money when it comes to mortgages? Does anyone know?
What are your thoughts about the Fed's latest move?
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